REASI: District Level Implementation Committee today sanctioned 70 loan cases under Mumkin Scheme here through 'draw of lots'.Earlier, Deputy Commissioner Reasi, Charandeep Singh took a detailed review of the implementation of livelihood genera
Banks, MFIs warned against forcing SHGs to pay dues
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Coimbatore District Collector S. Nagarajan has warned of action against banks and micro finance institutions (MFIs) that pressurise self-help groups (SHGs) to pay dues.
In a release, Mr. Nagarajan said it had come to the district administration’s knowledge that private banks and MFIs were pressurising SHGs to repay loans during the pandemic period.
Affected by the lockdown, the SHGs had had their livelihood affected.
In such circumstances, the private banks and MFIs should give them time to service the loans and avoid pressurising them.
They should also stop levying penal interest.
Apr 15, 2021
The DDC directed the concerned officers to coordinate with District Lead Bank Manager, Shopian and resolve bottlenecks relating to financial implications. He said that the objective of the scheme is to double the farmer’s income by enhancing the value of the products. This can be done by increasing production on one side and diversifying the demand for additional produce by value addition and processing on other hand, he added.
The DDC said that the FME scheme will provide a framework for value chain development and alignment of support infrastructure by identifying a unique food product with a special focus on perishable items in Agriculture produce and a food product widely produced in a district. He advised for general awareness among the people in this regard and also directed for diversification of sale points of apple across the district besides full integration of apple processing with one district one product (ODOP) programme.
: Monday, January 25, 2021, 7:47 PM IST
RBI refutes reports of withdrawal of old Rs 100, Rs 10, Rs 5 notes by March 2021
The Reserve Bank of India (RBI) on Monday refuted reports of withdrawal of old series of Rs 100, Rs 10 and Rs 5 currency notes. With regard to reports in certain sections of media on withdrawal of old series of Rs 100, Rs 10 & Rs 5 banknotes from circulation in near future, it is clarified that such reports are incorrect, the RBI said in a tweet.
With regard to reports in certain sections of media on withdrawal of old series of â¹100, â¹10 & â¹5 banknotes from circulation in near future, it is clarified that such reports are incorrect. ReserveBankOfIndia (@RBI) January 25, 2021
FACT CHECK: Old Rs 100 notes going out of circulation by March? Here's what RBI said - Even after 15 years of the introduction of Rs 10 coin, traders and businessmen have not accepted the coins which has become a problem for banks.